TradingView
MS2DR
Feb 25, 2020 2:10 AM

XBTUSD forming a H&S  Short

Bitcoin / US Dollar IndexBitMEX

Description

have been noticing this H&S develop in XBT USD on the 4hr..
if it plays like text book we will be seeing 9000 usd for BTC in the coming days...
Invalidation if it breaks 9734 and moved up .
Personally taking a short from here to 9050
Happy Trading

Trade active

So far so good ...
we are on our way to the desired levels.
ofcourse the bear trap was ultimate and caught the noobs and drowned them.
Stick to the plan, look at the LT picture...

Trade active

Looks sexy so far

Trade closed: target reached

More